1947 1 Peseta Coin - Francisco Franco - Circulated - Spain

These are interesting collectible coins. They are made from aluminum bronze. Each coin has two dates; the date of government authorization appears on the front, under the portrait. The date of issue appears on the back, in two small stars. A magnifying glass is needed to be able to identify the date in the star. In uncirculated condition, these coins are worth upwards of $100.00. While circulated, this coin still retains a significant amount of detail.

The peseta was the currency of Spain between 1868 and 2002. Along with the French franc, it was also a de facto currency used in Andorra (which had no national currency with legal tender)

Issuer Spain
Ruling authority Francisco Franco (1936-1975)
Type Standard circulation coin
Year 1947*
Value 1 Peseta (1 ESP)
Currency Peseta (1868-2001)
Composition Aluminum-bronze (92.5% Copper, 7.5% Aluminum)
Weight 3.5 g
Diameter 21 mm
Thickness 1.2 mm
Mint Royal Mint of Spain (Real Casa de la Moneda), Madrid, Spain
Demonetized 1 January 1997

Obverse: Portrait of Francisco Franco
Lettering: FRANCISCO FRANCO CAUDILLO DE ESPAÑA POR LA G.DE DIOS Translation: Francisco Franco leader of Spain by the Grace of God

Reverse: The arms of Spain dividing the denomination and the actual year of issue in the stars to the left and right of the word "UNA" in the denomination.

*From 1868 to 1982, two dates may be found on most Spanish coinage. The larger date is the year of authorization and the smaller date, incused on the two 6-pointed-stars found on most types, is the year of issue.

Mintage
1947 (1948) 15 000 000 "48" on star
1947 (1949) 27 600 000 "49" on star
1947 (1950) 4 000 000 "50" on star
1947 (1951) 5 000 "E" and "51" on star
1947 (1951) 9 185 000 "19" and "51 " on star
1947 (1952) 19 195 000 "52" on star
1947 (1953) 34 000 000 "53" on star
1947 (1954) 37 000 000 "54" on star

Star? under photo magnification appears to be 56.